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Monday, May 04, 2015

nifty this week

If nifty can sustain above 8190 for next 2 days & close above 8272 may lead to a relief rally up to 8450-8550. A close below 8125 may guide nifty to 8080-7960-7750. The bullish trend may intact if nifty can survive above 7960. A correction up to 7630 can not be ruled out.